SHANGHAI (Reuters) – Tesla has begun producing in Shanghai a version of the Model Y to be sold in Canada this year, the first time it will ship cars to North America from China, according to a p[...]
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Canada
Canada’s striking federal workers call on Trudeau to speed up contract talks
By Ismail Shakil OTTAWA (Reuters) – A union representing some 155,000 striking Canadian public workers called on Saturday for Prime Minister Justin Trudeau to speed up negotiations over a deal f[...]
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Canada, Volkswagen to invest more than C$20 billion in EV battery gigafactory
By Steve Scherer and Victoria Waldersee OTTAWA (Reuters) -Canada and Volkswagen on Friday together committed more than C$20 billion ($14.8 billion) for a battery gigafactory in St. Thomas, Ontario, th[...]
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US unions call on railroads to halt buybacks, ditch lean operating model
By Amna Karimi (Reuters) – U.S. labor unions called on railroad operators to halt all stock buybacks until they improve safety and abandon their lean operating model, which regulators and shippe[...]
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US dollar flat to modestly higher as upbeat data backs May rate hike
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar was little changed to slightly higher against major currencies on Friday, as business activity data suggested that the world[...]
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Mining M&A spree to keep Australia dealmaking humming after $37 billion in first quarter
By Melanie Burton and Scott Murdoch MELBOURNE (Reuters) – As automakers and chemicals suppliers scramble to secure raw materials, resource-rich Australia has become a rare global bright spot wit[...]
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Higher US Fed rates ‘not a major concern’ for C$, BoC’s Macklem says
By Ismail Shakil OTTAWA (Reuters) -The impact of higher U.S. interest rates on the Canadian dollar is not a “major concern,” and the Bank of Canada (BoC) would have to react only if there[...]
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Canada offering more than C$13 billion for VW battery plant – govt source
OTTAWA (Reuters) -Canada has agreed to provide up to C$13 billion ($9.7 billion) in subsidies and a C$700 million grant to lure Volkswagen AG into building its North American battery plant in the coun[...]
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Cannabis companies look to ‘4/20’ to light up sales
By Mrinalika Roy (Reuters) – From cannabis-infused flowers to edible weed gummies, marijuana companies are pulling out all the stops as they eye bumper sales on April 20 – a day referred t[...]
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